PRICED TO SELL. We are delighted to bring to our next auction this well presented two bedroom, second floor flat situated in close proximity to Nuneaton town centre. The property has added benefits of communal parking, private balcony, gas central heating and double glazing.
Offering well planned and spacious accommodation throughout, this in brief comprises secure communal entry into entrance hall, lounge/diner, balcony, kitchen, two bedrooms and bathroom. Outside there are communal gardens and secure communal parking.
This property makes an ideal investment opportunity.
The property subject to an assured shorthold tenancy. The current rent is £475pcm (£5700pa)
The current gross yield is 7.6%, based on the current guide price
Current Lease- 95 years remaining
Ground Rent- £10pa
Service Charge- £600pa
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.